An engineering backed modeling study might be good for this type of property.

I have three right now that its time to get rid of as they do not fit our model nor do I want to take the time to continue to manage these (even with a PM).

This strategy aligns well with long-term hold and appreciation models.6.

Flipping homes can be an amazing business model but there is definitely a higher chance of you losing money then other avenues so if your afraid of costly mistakes that might not be the best way to start then.

(P.S If you have any leads on properties that allow this business model in the area, contacts that are open for mentoring, and so on feel free to PM me) As an owner I can tell you what I don't like:  Please don't ask if you allow "corporate leasing".  

In fact it's the exact opposite, 1% of commercial agents don't know what owner financing is after doing this model daily and speaking to 100's of commercial agents.

I spent the last two weeks down there house hunting but didn't see a deal that made sense in my model, but would love to connect with another Jax investor. 

Our mental model is to have enough that someone arriving late could put together a bare bones meal for dinner and have the essentials for breakfast before they head out to get actual groceries. 

That is as close as you can get to perfect alignment between GP and LP. 

Now that the unit is finished, it's going to be listed for $2,450/month and the same model on similar lots are appraising for $410k.